Danaos reported unaudited results for the first quarter ended March 31, 2023.
Highlights for the First Quarter Ended March 31, 2023:
Adjusted net income1 of $145.3...
Global Ship Lease, announced that it has agreed to purchase and charter back four 8,500 TEU Post-Panamax containerships with an average age of approximately...
During the COVID-19 pandemic, liner operators increased the average sailing speed by up to 4% due to strong demand and widespread port congestion. Today,...
DP World Limited handled 19.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2023, with...
Political tensions between the US and China are contributing to lower container shipments between the world’s two largest economies, on top of an already-underway...
HMM plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships in cooperation with Samsung Heavy Industries and Panasia.
The tests...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...